this post was submitted on 11 Sep 2023
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submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
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[–] [email protected] 80 points 1 year ago (12 children)

I live in a small town in the SE US. I bought my house for $89,900, 12ish years ago. There are 3 vacant houses on my street and they are all listed for $250,00 or more. My house is bigger than all of them. They have all been empty for over a year.

[–] [email protected] 72 points 1 year ago (9 children)

They really should tax empty houses at 100%. You'll see how fast they will sell, and how low the price will go to achieve that.

[–] [email protected] 8 points 1 year ago (3 children)

We do that in Vancouver and it's good. The fines are steep.

But it's opened a mini industry of people being paid to visit homes so they aren't 'empty'.

[–] [email protected] 6 points 1 year ago (1 children)

So it sounds like it helped the situation + created new jobs. Win-win

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